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JM Tax Gain Fund - Growth

  • Regular
  • Direct
Category : ELSS
  • NAV
    : ₹ 23.0044 0.53%
    (as on 16th April, 2021)
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Crisil Rank
Very good performance among peers
Risk-O-Meter
Moderately High

Fund has 98.47% investment in indian stocks of which 60.08% is in large cap stocks, 22.91% is in mid cap stocks, 7.07% in small cap stocks.

Suitable For : Investors who are looking to invest money for at least 3 years and looking for additional benefits of income tax saving apart from higher returns expectations. At the same time, these investors should also be ready for possibility of moderate losses in their investments and 3 year lock-in period.

This Scheme
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    S&P BSE 500
  • NA
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Returns (NAV as on 16th April, 2021)

Period Invested for ₹10000 Invested on Latest Value Absolute Returns Annualised Returns Category Avg Rank within Category
1 Week 09-Apr-21 9795.60 -2.04% - -2.06% 40/67
1 Month 16-Mar-21 9754.50 -2.46% - -1.90% 45/67
3 Month 15-Jan-21 10270.30 2.70% - 4.14% 42/68
6 Month 16-Oct-20 13013.10 30.13% - 29.38% 27/68
YTD 01-Jan-21 10516.20 5.16% - 8.09% 51/68
1 Year 16-Apr-20 16561.60 65.62% 65.62% 64.81% 26/68
2 Year 16-Apr-19 13390.50 33.91% 15.69% 13.28% 17/66
3 Year 16-Apr-18 13814.50 38.15% 11.36% 8.06% 13/62
5 Year 13-Apr-16 21151.10 111.51% 16.12% 13.76% 7/46
10 Year 15-Apr-11 32421.10 224.21% 12.47% 12.13% 13/30
Since Inception 23-Apr-08 22125.10 121.25% 6.30% 12.58% 55/64

SIP Returns (NAV as on 16th April, 2021)

Period Invested for ₹1000 SIP Started on Investments Latest Value Absolute Returns Annualised Returns
1 Year 16-Apr-20 12000 15546.96 29.56 % 59.01 %
2 Year 16-Apr-19 24000 31520.28 31.33 % 28.63 %
3 Year 16-Apr-18 36000 48564.39 34.9 % 20.43 %
5 Year 13-Apr-16 60000 88837.55 48.06 % 15.69 %
10 Year 15-Apr-11 120000 269241.96 124.37 % 15.43 %
 

Tax Treatment

Portfolio (Updated on 31st Mar,2021)

Equity Holding : 98.47% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 98.47%
No of Stocks : 36 (Category Avg - 47.51) | Large Cap Investments : 60.08%| Mid Cap Investments : 22.91% | Small Cap Investments : 7.07% | Other : 8.41%

Top 10 Stocks in Portfolio

How to read this table?
Stock Invested in Sector Value(Mn) % of Total Holdings 1M Change 1Y Highest Holding 1Y Lowest Holding Quantity 1M Change in Qty
HDFC Bank Ltd. Banks 39.7 7.56% -0.34% 9.15% (Nov 2020) 7.38% (Jan 2021) 26.58 k 0.00
Infosys Ltd. Computers - software 29.5 5.62% 1.29% 5.62% (Mar 2021) 1.66% (Jun 2020) 21.57 k 3.75 k
Bajaj Finance Ltd. Nbfc 23.2 4.42% -0.18% 5.37% (Dec 2020) 3.41% (May 2020) 4.51 k 0.00
Larsen & Toubro Ltd. Engineering, designing, construction 19.9 3.78% -0.13% 3.96% (Jan 2021) 2.8% (Oct 2020) 14.00 k 0.00
Kotak Mahindra Bank Ltd. Banks 19 3.61% -0.12% 3.73% (Feb 2021) 2.86% (Sep 2020) 10.82 k 0.00
Ashok Leyland Ltd. Commercial vehicles 18.5 3.53% -0.55% 4.08% (Feb 2021) 0% (Apr 2020) 1.63 L 0.00
State Bank Of India Banks 17.3 3.30% -0.30% 3.6% (Feb 2021) 0% (Apr 2020) 47.60 k 0.00
Axis Bank Ltd. Banks 17.2 3.27% -0.19% 3.46% (Feb 2021) 1.96% (Sep 2020) 24.64 k 0.00
Titan Company Ltd. Gems, jewellery and watches 15.3 2.92% 0.24% 3.7% (Apr 2020) 2.68% (Feb 2021) 9.83 k 0.00
Bharti Airtel Ltd. Telecom - services 14.8 2.82% -0.26% 3.95% (May 2020) 2.47% (Sep 2020) 28.61 k 0.00
- indicates change in weight in the portfolio. # indicates a new entry.
Name Type of Instrument Weight (%)
TREPS TREPS 1.65%
Net Receivables Net Receivables -0.12%

Risk Ratios

Ratios calculated on daily returns for last 3 years (Updated as on 31st March, 2021)

  • Standard Deviation

    High volatility
    21.4vs18.89
    Category Avg
  • Beta

    High volatility
    0.99vs0.85
    Category Avg
  • Sharpe Ratio

    Better risk adjusted returns
    0.54vs0.37
    Category Avg
  • Treynor's Ratio

    Better risk adjusted returns
    0.12vs0.08
    Category Avg
  • Jension's Alpha

    Better risk adjusted returns
    1.95vs-0.64
    Category Avg

Alternative Funds (Category Peers)

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
Quant Tax Plan - Growth 5 106.05 4.42 10.70 45.31 109.74 21.56
IDFC Tax Advantage (ELSS) Fund - Regular Plan - Growth 3 2988.35 -1.32 8.76 39.67 86.67 8.38
Mirae Asset Tax Saver Fund - Regular Plan - Growth 4 6934.49 -2.13 4.30 29.69 71.59 15.60
DSP Tax Saver Fund - Regular Plan - Growth 3 8056.26 -0.63 4.94 32.99 66.19 12.14
Parag Parikh Tax Saver Fund - Regular Plan - Growth NA 179.45 0.10 3.11 18.00 66.04 0.00
Quantum Tax Saving Fund - Growth 2 89.11 -0.90 2.93 28.05 65.81 7.83
BOI AXA Tax Advantage Fund - Regular Plan - Growth 5 417.39 -0.39 5.72 27.99 65.24 11.17
Franklin India Taxshield Fund - Growth 2 4375.42 -4.20 2.04 33.12 63.50 7.63
PGIM India Long Term Equity Fund - Growth 3 352.90 -0.21 3.94 31.58 63.19 9.98
Nippon India Tax Saver Fund - Growth 1 11219.23 -1.79 7.27 36.33 62.55 1.03

More Funds from JM Financial Mutual Fund

Out of 12 mutual fund schemes offered by this AMC, 2 is/are ranked 5 * , 1 is/are ranked 4 * , 3 is/are ranked 3 * , 1 is/are ranked 2 * , 4 is/are ranked 1 * , and 1 schemes are not ranked. See more about AMC

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
JM Liquid Fund - Growth 2 1216.30 0.29 0.80 1.54 3.36 5.59
JM Flexi Cap Fund - Growth 3 164.37 -2.76 2.92 34.59 54.04 10.93
JM Value Fund - Growth 4 136.63 -2.98 3.50 34.25 62.66 8.84
JM Low Duration Fund - Growth 3 128.50 0.39 0.74 1.55 25.95 5.60
JM Overnight Fund - Regular Plan - Growth NA 69.20 0.26 0.76 1.49 3.01 0.00
JM Dynamic Debt Fund - Growth 5 68.23 0.85 0.39 1.38 6.76 6.33
JM Large Cap Fund - Growth 1 60.76 -1.35 0.53 15.25 35.19 9.04
JM Arbitrage Fund - Growth 1 54.72 0.44 0.58 1.08 2.20 4.10
JM Tax Gain Fund - Growth 5 52.53 -2.46 2.70 30.13 65.62 11.36
JM Core 11 Fund - Growth 1 47.69 -1.88 -2.39 26.05 42.41 4.46

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